Someone could fraudulently initiate a draft, but ACH drafts can be chargedback, giving you some protection. Obviously this is trickier and more painful than a credit card chargeback because it's your money that's been taken, and not your CC company's.
Since the writing of a Knuth article, checks have become less risky, but they're still more risky than credit cards. [1]
So like I said, don't give your banking info out to just anyone. There's still risk involved. Whether or not you find Coinbase overly risky is up to your own utility curve.
Since the writing of a Knuth article, checks have become less risky, but they're still more risky than credit cards. [1]
So like I said, don't give your banking info out to just anyone. There's still risk involved. Whether or not you find Coinbase overly risky is up to your own utility curve.
[1] Knuth cites an article [http://perimetergrid.com/wp/2008/01/01/checks-the-most-dange...] which has since been updated [http://perimetergrid.com/wp/2008/01/01/checks-the-most-dange...]